World Bank: Poland's economy to grow by 3.7% in 2016

The World Bank said in its new Global Economic Prospects 2016 report  that Poland's economy is expected to expand by 3.7 percent in 2016, after 3.5 percent growth is likely to be recorded in 2015. In June, the institution said that it had expected Polish GDP growth to measure 3.6 percent in 2016. Regarding the global economy, the World Bank announced that "growth disappointed again in 2015, slowing to 2.4 percent, and is expected to recover at a slower pace than previously envisioned. Growth is projected to reach 2.9 percent in 2016, as a modest recovery in advanced economies continues and activity stabilizes among major commodity exporters."